Items that may only interest or educate me …. Canadian economic stats, oil production cutbacks, American jobs cooling, but first …. Last Thursday, Statistics Canada reported the Canadian economy remains strong, adding 34,700 jobs in March, higher than the 12,000 jobs analysts predicted. Employment has been trending upward since September, with March being the seventh […]
Tag: TD
Weekly Update for the week ending March 24, 2023
Items that may only interest or educate me …. Canadian CPI and sales stats, US interest rate hike, Global central bank hikes, Credit Suisse, Global banking issues, Another online investing app … Statistics Canada’s February Consumer Price Index report showed Canada’s annual inflation rate fell to 5.2% in February, down from January’s 5.9%. February’s rate […]
Weekly Update for the week ending March 3, 2023
Items that may only interest or educate me …. Canadian interest rate pause, global central banks, impact of US rate increases, Canadian GDP stalls, share buybacks, … Analysts believe the BoC will hold Canada’s benchmark interest rate at 4.5% for the remainder of the year. Economic data has shown Canadian inflation has been heading downward […]
Weekly Updates for the week ending November 25, 2022
Items that may only interest or educate me …. Increased TFSA contribution limit, probability of smaller interest rate increases in Canada and the USA, potential rail system gridlock (again) Let us start with some good news. The annual contribution limit for Canada’s tax-free savings account (TFSA) is set to rise from C$6,000 to C$6,500 for […]
The week ending September 23, 2022
Fractional shares…. The big news that impacted us investors came out of the USA this week, causing share prices to tumble. As expected, the US Federal Reserve (Fed) raised the US benchmark interest rate by 0.75% this week. This was the third straight 0.75% increase. What was unexpected was the Fed’s vow to crush inflation, […]
The week ending July 8, 2022
Ch, ch, changes After some feedback, I have decided to break the Weekly Update into two separate parts. Going forward, the weekly market and portfolio update will now be a separate post from the opening commentary. The weekly update content will remain the same (unless feedback suggests otherwise) and continue to be posted at the […]